Beware the Powell Pop?

Jul 14, 2021 · 44m 7s
Beware the Powell Pop?
Description

Markets eked out gains Wednesday, erasing earlier losses after Fed chair Jerome Powell said the central bank would keep its easy monetary policies going. Former PIMCO chief economist Paul McCulley...

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Markets eked out gains Wednesday, erasing earlier losses after Fed chair Jerome Powell said the central bank would keep its easy monetary policies going. Former PIMCO chief economist Paul McCulley joins with his thoughts. Plus, why the sell-off in high-multiple tech stocks has some of our traders worried.
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Author CNBC
Organization CNBC
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